Ready Capital
59 hedge funds and large institutions have $142M invested in Ready Capital in 2017 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
28% more funds holding
Funds holding: 46 → 59 (+13)
9% more capital invested
Capital invested by funds: $130M → $142M (+$11.7M)
1.76% more ownership
Funds ownership: 27.7% → 29.47% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.79M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$2.4M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.32M |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
+$953K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$8.49M |
| 2 |
Millennium Management
New York
|
-$3.18M |
| 3 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$2.02M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.73M |
| 5 |
Goldman Sachs
New York
|
-$722K |
RC Hedge Fund Activity: Q2 2017 in Review
59 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Ready Capital (RC) for Q2 2017, worth a combined $142M — up 9% from $130M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new RC positions and 10 closed out — a net gain of 13 holders — while 17 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, adding an estimated $11.4M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $8.49M sold.
- 59 institutional investors held Ready Capital (RC) as of Q2 2017, up from 46 in Q1 2017.
- Funds reported $142M of Ready Capital stock for Q2 2017, up 9% quarter-over-quarter.
- 23 funds opened new Ready Capital positions in Q2 2017 and 10 closed out, a net change of +13 holders.
- The largest Ready Capital buyer in Q2 2017 was BlackRock, an estimated $11.4M added.
- The largest Ready Capital seller in Q2 2017 was Philadelphia Financial Management of San Francisco, an estimated $8.49M sold.
Based on aggregated 13F filings for Q2 2017.